21 Apr '13, 1pm

Legendary VC Paul Graham Suspects Bitcoin Was Created by a Government via

Paul Graham is best known for his work as an extremely successful venture capitalist, co-founding the New York City seed fund, Y Combinator. But, he's surprised the Internet this week with a radical, if not well-structured take on the mysterious origins of Bitcoin. Graham asserts that Bitcoin was not created by a rogue and anonymous Japanese hacker, but rather by a national government. In a post on the Y Combinator discussion board , Hacker News, Graham wrote: I've long suspected bitcoin was created by a government. Bulletproof protocols usually require peer review, yet there have been zero leaks from the reviewers. Pools of crypto guys who don't leak stuff are usually employed by governments. The part that puzzles me is why a government would do this. I can imagine several possibilities: 1. To finance their own black operations. 2. Because they thought digital currencies ...

Full article: http://www.benzinga.com/general/politics/13/04/3511574/le...

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